# PSC INSURANCE GROUP LIMITED

> Australian public company

**Wikidata**: [Q109627099](https://www.wikidata.org/wiki/Q109627099)  
**Source**: https://4ort.xyz/entity/psc-insurance-group-limited

## Summary
PSC Insurance Group Limited is an Australian public company that operates on the Australian Securities Exchange under the ticker symbol PSI, with a market capitalization of approximately 1.5 billion Australian dollars as of 2021.

## Key Facts
- It is classified as a public company
- Officially named PSC Insurance Group Limited
- Listed on the Australian Securities Exchange since December 15, 2015
- Has a market capitalization of 1,513,911,950 Australian dollars as of November 18, 2021
- The company's stock ticker is PSI on the ASX

## FAQs
**What is PSC Insurance Group Limited?**
It is an Australian public company that provides insurance services and is listed on the Australian Securities Exchange.

**When did PSC Insurance Group Limited list on the stock exchange?**
The company began trading on the Australian Securities Exchange on December 15, 2015.

**What is the current market capitalization of PSC Insurance Group Limited?**
As of November 18, 2021, the company had a market capitalization of 1,513,911,950 Australian dollars.

**What is the stock ticker for PSC Insurance Group Limited?**
The company trades under the ticker symbol PSI on the Australian Securities Exchange.

## Why It Matters
PSC Insurance Group Limited represents a significant player in the Australian insurance market, providing financial protection services to individuals and businesses. As a publicly traded entity, it offers investment opportunities to the general public while adhering to strict regulatory requirements for transparency and disclosure. Its market capitalization indicates its substantial size and value within the financial sector, contributing to the broader Australian economy through capital formation and job creation.

## Notable For
- Being a publicly traded insurance company with a market capitalization exceeding 1.5 billion Australian dollars
- Operating as a joint-stock company with shares traded openly on the Australian Securities Exchange
- Adhering to the regulatory standards required for public companies, including regular financial reporting and disclosure requirements
- Providing insurance products and services to the Australian market through its publicly listed structure

## Body
### Definition and Classification
PSC Insurance Group Limited is classified as a public company, which is a distinct legal form of organization that differs from private companies. As a public company, it offers its securities to the general public through a stock exchange, allowing widespread ownership and investment opportunities.

### Listing and Market Information
The company is listed on the Australian Securities Exchange (ASX) under the ticker symbol PSI. The listing began on December 15, 2015, marking its transition from a private to a public entity. The ASX listing provides liquidity for investors, enabling them to buy and sell shares easily.

### Financial Performance and Market Capitalization
As of November 18, 2021, PSC Insurance Group Limited had a market capitalization of 1,513,911,950 Australian dollars. This figure represents the total value of the company's outstanding shares in the market. The market capitalization indicates the company's size and value within the insurance sector.

### Corporate Structure and Governance
The company operates under a standard public company governance structure, with ownership distributed among shareholders who purchase its publicly traded securities. Governance is typically provided by a board of directors elected by the shareholders, creating a separation between ownership and control.

### Regulatory Compliance
As a public company listed on the ASX, PSC Insurance Group Limited must adhere to strict regulatory disclosure and reporting standards. This includes regular financial reporting, compliance with corporate governance principles, and transparency regarding its operations and financial performance.

### Market Position and Industry Role
The company plays a role in the Australian insurance market by providing various insurance products and services to individuals and businesses. Its public listing allows it to raise capital from a wide pool of investors, supporting its operations and growth initiatives.

### Historical Context
The transition from a private to a public company typically involves an initial public offering (IPO), which allows the company to access capital markets and expand its operations. For PSC Insurance Group Limited, this transition occurred in 2015, marking a significant milestone in its development.

### Economic Impact
As a publicly traded entity, PSC Insurance Group Limited contributes to the Australian economy by providing investment opportunities, creating jobs, and participating in the capital formation process. Its market capitalization and stock listing position it as a significant participant in the financial sector.

## References

1. [Source](https://www2.asx.com.au/markets/trade-our-cash-market/directory)